News

News Release: Fitch upgrades RTA bond ratings

Fitch Ratings, a U.S. credit rating agency, announced on Sept. 30 that it has upgraded the Regional Transportation Authority’s outstanding excise tax revenue bonds of $128.8 million to AA+ from AA, and the rating outlook is stable. The RTA, which is the fiscal manager of a 20-year regional transportation plan … Read more »

RTA status report – September 2021

RTA Project Status – Through July 31 Projects in design 57 Under construction/implementation 50 Total number completed 899 RTA Financial Status – Through July 31 Funds expended to date $1.4B The current RTA status report shows 899 projects have been completed. Of those, 17 major roadway corridor construction projects have … Read more »

RTA funding: a primer

The primary funding source for Regional Transportation Authority plan projects is from the RTA’s voter-approved half-cent (excise) sales tax. The RTA tax is levied on taxable goods and services throughout Pima County to pay for the projects in the 20-year regional transportation plan. Both the plan and tax were approved … Read more »

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